Thread: The Trial Begins

Page 37 in the veridict:

GPS vil isolert sett ikke medføre at det skjer
en omsetning etter hvert, og hvis den hadde stått på egne ben, ville GPS kunne
vært lovlig etter lotteriloven.

It says that if GPS wasen´t managed by the same company that manged stock market (envole) GPS wasen´t breaking the lottery law. The reason that they where convicted is not Pyramide Scheme, it´s breaking the lottery law.

According to the lottery law in Norway, if you have a member fee, and this member fee is used as payment to member that recruited you, they haft to deliver products or service to a value of at least 50% of the member fee. Plexpay did this!!!

The court set the value of an offshore account at loyal bank to 50$ witch was what Frode stated in the court. Priority Travel was set to 359$, total 409$. The problem is that the deal with priority travel was made in October and was going to start 1 of December but in reality it was first in April that the priority Travel was sent out. There for according to the court 8 of 12 month Plexpay didn´t match the 50% rule and there for where they convicted!!!

Everyone convicted except Steinar, who plied guilty in court has appealed. Elena, Frodes wife was present at the court with her layer, but not charged or convicted. I think they can win the appeal, but our money is a different story. The main investment where in PIPS and they are being investigated for receiving money that comes from illegal activities. It´s only a small portion of all the money in pips that did that, It´s a total of 54 transactions.So after that them money should be free to claim. The problem is that all payment went throe PicPay with had no demands for members to properly ID them selfs. So you could basicly have a picpay card issued to Donald Duck. In that case you need proof that Donald duck is you. In court, Frode has not presented any proof of this kind. That can mean 2 things:

1. He dosn´t have them

2. He didn´t want to present them because he was afraid that money will bee seized to. In that case it could be central to the appeal.

PIPS trial is as I stated before held in May 2008. Verdict should come in June.

I think we can all see the money we put in to Plexpay as lost and move on with our life's. When we get something back it will be a bonus.

Dear All.

First of all i want to wish you all a happy new year. Let us hope it will be better than the last one.

I need to clarify a few things, since the activity onmy blog has increased, and many people have questions and are drawing own conclutions.

1. I'm certainly not hiding. I'm still here, just as visible as always.

2. Elena is NOT my wife, and NOT my sister. In fact we are not even related in any way. Those of you that have met my wife, knows that she is not of norwegian heritage, but of Thai.

3. I will post updates on my blog as soon as i have updates to post.
At this point im still waiting for the results of he appeal, when it will be etc.

4. I will ty to find contact details to you all for Loyal Bank.

I'll be back with more information soon.

until the next time.....

Frode